Pension plans Only two - Franklin Templeton's Templeton India Pension Plan and UTI AMC's UTI Retirement Benefit Pension Fund - are on offer, investing up to 40% in equities and the rest in debt. SEBI is encouraging MFs to launch pension-type products. In June, Reliance AMC Ltd filed a draft offer document of a pension-type plan.

PE ratio FOFThough a few schemes do switch between equity and debt, only one fund of funds (FoF) scheme - FT India Dynamic PE Ratio Fund of Funds (FTDPEF) - switches between one equity scheme and one debt scheme, Franklin India Bluechip fund and Templeton India Income Fund. So far, the fund has a good track record.